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No bailout for Post Office
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<blockquote data-quote="JL 0513" data-source="post: 4445833" data-attributes="member: 50088"><p>The Post Office has the potential to be profitable like UPS and FedEx, especially with all the built in advantages they have over UPS/FedEx.</p><p></p><p>The idea that they lose billions every year when they have the advantage of almost every house density plus many areas where there's central mailbox stations for large complexes/communities. Meanwhile, UPS often takes a large truck miles to deliver one stop. And we have to take valuable time to walk all the way to each door step vs USPS just hitting mailboxes along the road. </p><p></p><p>The single biggest downfall for USPS is said to be their pension system. Yet UPS pays a pension. UPS also has the highest wages. And while UPS runs their trucks many years, the average vehicle age is much higher with USPS (20-30 year old trucks). So they're not even investing in their fleet. Problem is, they have plans to roll out a new fleet as they have been seeking a new vehicle design. </p><p></p><p>Bottom line, they need permission from the stupid law from Congress that severely limits their pricing structure. I know it applies to stamps, but what about for parcels? Why do they continue to undercut UPS/FedEx pricing on parcels when they are losing billions? </p><p></p><p>So while they are a "quasi-governmental" agency, they still need to operate like any other business. Yes, they do need to be profitable. Maybe not like UPS/FedEx, but they need to be north of break even point.</p></blockquote><p></p>
[QUOTE="JL 0513, post: 4445833, member: 50088"] The Post Office has the potential to be profitable like UPS and FedEx, especially with all the built in advantages they have over UPS/FedEx. The idea that they lose billions every year when they have the advantage of almost every house density plus many areas where there's central mailbox stations for large complexes/communities. Meanwhile, UPS often takes a large truck miles to deliver one stop. And we have to take valuable time to walk all the way to each door step vs USPS just hitting mailboxes along the road. The single biggest downfall for USPS is said to be their pension system. Yet UPS pays a pension. UPS also has the highest wages. And while UPS runs their trucks many years, the average vehicle age is much higher with USPS (20-30 year old trucks). So they're not even investing in their fleet. Problem is, they have plans to roll out a new fleet as they have been seeking a new vehicle design. Bottom line, they need permission from the stupid law from Congress that severely limits their pricing structure. I know it applies to stamps, but what about for parcels? Why do they continue to undercut UPS/FedEx pricing on parcels when they are losing billions? So while they are a "quasi-governmental" agency, they still need to operate like any other business. Yes, they do need to be profitable. Maybe not like UPS/FedEx, but they need to be north of break even point. [/QUOTE]
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